Property Taxes in Ecuador

Generally speaking, expect to pay around 1%-2% of the sales price. How much you pay depends on many factors, like which region of the country you buy in and what type of property you purchase. Many buyers in Ecuador pay around $750-$2,000 for all taxes and legal fees associated with a purchase.

In general, you can expect to pay around $500 in closing costs if you do not require a resident visa. If you will require a resident visa, closing costs are around $1500 depending on the value of the purchase.

The amount you pay in property taxes is based on an “Avaluo” or assessment of the market value of your property done by the local municipality. The percentage paid also varies according to location of the property and a handful of other factors. Expect to pay around 1.5% to 3% of the purchase price at the close of your purchase.

One negative to buying in Ecuador is that the buyer is usually the one who pays for all the closing costs, attorney fees and the like.

Annual property taxes in Ecuador are very reasonable; the owner of a $150,000 house should expect to pay around $100-$200 per year.


For more detailed information check out the guide here.